SBI board to consider raising $2 bn via offshore bonds on Apr 18
On Monday, SBI's scrip on BSE closed 0.3% lower at Rs 525.7
- Apr 10, 2023,
- Updated Apr 10, 2023 8:37 PM IST
State Bank of India, the country's largest lender, said on Monday that its board will consider raising $2 billion via offshore bonds in single or multiple tranches.
The board will meet on April 18 to consider the fund raising, through a public offer or private placement of senior unsecured notes in US dollar or any other convertible foreign currency during the financial Year 2023-24, the bank said in an exchange filing.
On Monday, SBI's scrip on BSE closed 0.3% lower at Rs 525.7.
State Bank of India, the country's largest lender, said on Monday that its board will consider raising $2 billion via offshore bonds in single or multiple tranches.
The board will meet on April 18 to consider the fund raising, through a public offer or private placement of senior unsecured notes in US dollar or any other convertible foreign currency during the financial Year 2023-24, the bank said in an exchange filing.
On Monday, SBI's scrip on BSE closed 0.3% lower at Rs 525.7.